Consumer spending is weakening, the job market is getting worse, and investors love it

Fortune on MSN.com

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Please find more details at Fortune on MSN.com

Summary

U.S. stock futures were down marginally by 0.2% this morning following another all-time high by the S&P 500 index yesterday. Macro data is starting to look weakerconsumer spending was down in May and the job market is getting worse for employees. That suggests the Fed may cut rates in September, analysts say, which would be good for stocks.

Source: Fortune on MSN.com

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